Euronext Amsterdam · UCITS ETF
Invest in SEMI ETF from India
Indian and foreign residents can buy iShares MSCI Global Semiconductors UCITS ETF (SEMI) units directly through Paasa.
By Paasa · Updated
SEMI at a glance
- Price
- $21.42+$0.04 (0.16%)
- Expense ratio
- 0.35%
- Day range
- $21.21 – $21.50
- Assets
- $6.5B
- Domicile
- Ireland
- Holdings
- 260
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- +9.43%
- 6 months
- +73.68%
- YTD
- +90.36%
- 1 year
- +123.07%
- 5 years
- +330.89%
Price change, excluding dividends.
Top 10 holdings
- 1ADVANCED MICRO DEVICES9.0%
- 2MICRON TECHNOLOGY7.8%
- 3TAIWAN SEMICONDUCTOR MANUFACTURING7.3%
- 4NVIDIA7.3%
- 5BROADCOM INC6.6%
- 6INTEL CORPORATION5.2%
- 7SK HYNIX5.0%
- 8LAM RESEARCH4.2%
- 9ASML HOLDING4.1%
- 10APPLIED MATERIAL INC4.1%
SEMI holds 260 securities in total. These 10 are 60.5% of the fund.
Where the money is invested
Sectors
- Technology99.2%
- Energy0.3%
- Industrials0.1%
- Basic Materials0.0%
- Consumer Cyclical0.0%
Countries
- United States63.5%
- Taiwan15.2%
- Japan6.8%
- Netherlands5.5%
- South Korea5.5%
- Germany1.1%
How to invest in SEMI from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search SEMI and buy
Find the fund by its ticker, SEMI, on Euronext Amsterdam, and place your order.
Why invest in SEMI from India
What SEMI holds
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped Index.
Outside US estate tax
SEMI is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from SEMI's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
SEMI is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why SEMI's UCITS structure matters for Indian investors
SEMI is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy SEMI from India?
Yes. Indian residents can buy iShares MSCI Global Semiconductors UCITS ETF (SEMI) through Paasa. It is listed on Euronext Amsterdam and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does SEMI invest in?
iShares MSCI Global Semiconductors UCITS ETF holds 260 securities. Its largest holdings are ADVANCED MICRO DEVICES (9.0%), MICRON TECHNOLOGY (7.8%) and TAIWAN SEMICONDUCTOR MANUFACTURING (7.3%). Energy is its largest sector at 0.3%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of SEMI?
iShares MSCI Global Semiconductors UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $6.5B.
Is SEMI a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI Global Semiconductors UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does SEMI pay dividends?
No. iShares MSCI Global Semiconductors UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell SEMI?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.